FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint
FEDTARRM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.25
Year-over-Year Change
-18.75%
Date Range
1/1/2025 - 1/1/2027
Summary
The FOMC Summary of Economic Projections for the Fed Funds Rate tracks the Federal Reserve's projected target range for short-term interest rates. This metric provides critical insight into monetary policy expectations and potential future economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This projection represents the Federal Open Market Committee's forward-looking assessment of appropriate monetary policy stance based on current economic analysis. Economists and market participants closely analyze these projections to understand potential interest rate trajectories and underlying economic assumptions.
Methodology
The data is compiled through a confidential survey of FOMC members who provide their individual projections for future federal funds rate levels.
Historical Context
These projections are used by policymakers, investors, and financial analysts to anticipate potential monetary policy shifts and economic developments.
Key Facts
- Represents the median projection of FOMC members' expected federal funds rate
- Updated quarterly as part of the Summary of Economic Projections
- Provides insight into potential future monetary policy direction
FAQs
Q: How often are these projections updated?
A: The FOMC updates these projections quarterly during their Summary of Economic Projections meetings.
Q: What factors influence these rate projections?
A: Projections are based on current economic conditions, inflation expectations, employment data, and overall economic outlook.
Q: How do these projections impact financial markets?
A: Investors and analysts use these projections to make informed decisions about investments, lending, and economic planning.
Q: Are these projections guaranteed to occur?
A: These are forward-looking estimates and can change based on evolving economic conditions and unexpected events.
Q: How precise are these projections?
A: While informed by expert analysis, these projections are estimates and may differ from actual future rates.
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Citation
U.S. Federal Reserve, FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint [FEDTARRM], retrieved from FRED.
Last Checked: 8/1/2025